Mexico and Central American Countries to Sign Single FTA

Today, Mexico and five countries in Central America (Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua) are slated to sign a Single Free Trade Agreement. A close trade partner of the US, Mexico has been looking to diversify its trade relationships with other countries.

The agreement provides a legal framework to carry out trade in goods and services between the parties, as well as establish investment in the region, said the source...Issues discussed in the talks included the rules of access and origin in order to facilitate Central American exports to Mexico and update the legal framework of trade relations between the parties, said the Ministry of Economy then.

Photo credit: embamex.sre.gob.mx